Abstract
The global financial system is undergoing its most significant change in the last four decades. A highly leveraged consumption-driven model undergirded by US fiat currency, Chinese labor arbitrage and US geopolitical primacy, is facing questions. This comes at a time when the global power balance is shifting from the West to the East at the fastest rate in the last three centuries. Economic and security risks are at a multi-decade high and manifest in economic crises and wars. The kind of equilibrium achieved by major and emerging powers after this period of transition will depend on how they derisk supply chains, re-globalize trade and mitigate conflicts
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.